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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (3738)	4/3/2002 4:14:40 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 4409

<As I have stated before GT is no doubt a sharp cookie but chooses to use her knowledge in negative ways> Do not overestimate the lady. She really doesn't know what she is talking about when she write about Alamo Dorado silver reserves. She doesn't know really that BAY has done more drilling that Glamis Gold has done on its San Martin Mine where a reserve in excess of 1.1M ounces of gold is proven. Furthermore, GLG is producing 113,000 ounces a year with an average grade 0f 0.9 g/t gold (equivalent to 57,89 g/t silver) which is much lower than BAY's starter pit. She doesn't know either that BAY's has done as much drilling as Francisco Gold did on its ElSauzal property where approximately the same number of silver equivalent ounces has been proven. Glamis bought El Sauzal, because they know the ounces are there and proven. Basically she doesn't understand that the shape of a deposit has everything to do with the number of drill holes you will need to do to prove the ounces. What is true for San Martin and El Sauzal, is also true for Alamo Dorado.